Genius Sports (NYSE:GENI) Releases Quarterly Earnings Results, Misses Estimates By $0.07 EPS

Genius Sports (NYSE:GENI) announced its earnings results on Thursday. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.07), FiscalAI reports. Genius Sports had a negative net margin of 22.99% and a negative return on equity of 23.83%. The company had revenue of $269.86 million for the quarter, compared to analysts’ expectations of $261.13 million. During the same period in the previous year, the firm earned ($0.11) EPS. The firm’s quarterly revenue was up 62.3% on a year-over-year basis.

Here are the key takeaways from Genius Sports’ conference call:

• Q3 beat expectations and full-year guidance was raised. Revenue was $270 million and adjusted EBITDA was $87 million; Genius now expects 2026 revenue of $1.015 billion–$1.035 billion and adjusted EBITDA of $287 million–$297 million.
• Cash generation and margins improved. The company reported $54 million in free cash flow, a 32% adjusted EBITDA margin, and $10 million in GAAP operating income; it expects more than $100 million of free cash flow in the second half and is prioritizing debt repayment.
• Betting revenue grew 33%, supported by contract renewals, stronger in-play activity, and new prediction-market business. Genius said BetVision engagement was rising, while management argued that it can earn revenue across prediction-market customer acquisition, trading data, and settlement.
• Legend integration is progressing ahead of plan, with management citing early commercial synergies and strong engagement. Media revenue rose 126% year over year, and the Moment Engine added 279 advertisers in Q3, with net revenue retention of 224% versus Q2.
• Management sees prediction markets expanding its opportunity but acknowledged that regulation and the market structure may evolve; its 2028 targets do not assume NFL participation. The CEO also disclosed selling about 800,000 shares and collaring another 4.4 million shares, citing personal financial planning while saying he remains substantially invested.

Genius Sports Stock Performance

GENI stock traded down $1.10 during midday trading on Thursday, hitting $5.91. The company’s stock had a trading volume of 22,198,580 shares, compared to its average volume of 6,168,712. The stock’s 50-day moving average price is $6.56 and its 200 day moving average price is $6.23. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 1.10. Genius Sports has a 1 year low of $3.83 and a 1 year high of $11.57. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of -8.69 and a beta of 1.95.

Insiders Place Their Bets

In other news, CEO Mark Locke sold 477,449 shares of Genius Sports stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $6.58, for a total transaction of $3,141,614.42. Following the sale, the chief executive officer directly owned 19,697,767 shares in the company, valued at $129,611,306.86. The trade was a 2.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Thomas Russell sold 50,000 shares of the business’s stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $6.51, for a total transaction of $325,500.00. Following the completion of the transaction, the insider directly owned 471,467 shares in the company, valued at $3,069,250.17. This trade represents a 9.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 850,000 shares of company stock valued at $5,582,049 in the last 90 days. Corporate insiders own 16.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Oppenheimer raised their price objective on Genius Sports from $10.00 to $12.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Freedom Capital upgraded shares of Genius Sports to a “strong-buy” rating in a research note on Monday, July 20th. BTIG Research lowered their target price on shares of Genius Sports from $10.00 to $8.00 and set a “buy” rating for the company in a report on Thursday. Citigroup reiterated a “market outperform” rating on shares of Genius Sports in a report on Thursday, October 8th. Finally, Needham & Company LLC raised their price target on shares of Genius Sports from $10.00 to $12.00 and gave the company a “buy” rating in a research report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $10.91.

Genius Sports News Roundup

Here are the key news stories impacting Genius Sports this week:

• Positive Sentiment: Revenue rose 62.3% year over year to $269.9 million, topping analyst expectations of $261.1 million. The company also reported $54 million of free cash flow, a 61% conversion rate, and a 32% group adjusted EBITDA margin. Article: Genius Sports Beats Third Quarter Guidance; Raises Full-Year Outlook
• Positive Sentiment: Genius Sports raised its full-year outlook after beating its Q3 guidance. FY 2026 revenue guidance is $1.0 billion, in line with consensus. Article: Genius Sports beats guidance in first quarter post-Legend acquisition
• Neutral Sentiment: BTIG kept a Buy rating but cut its price target from $10 to $8, signaling reduced expectations while still seeing potential upside. BTIG Research recommendations
• Negative Sentiment: Adjusted performance did not translate into an EPS beat: the company reported a loss of $0.06 per share versus analysts’ expectation of $0.01 in earnings. Reports also flagged higher debt, adding to investor concerns about profitability and the balance sheet. Article: Genius Sports Reports Q3 2026 Revenue Growth and Higher Debt

Genius Sports Company Profile

Genius Sports Limited (NYSE: GENI) is a sports technology and data company that provides official sports data, technology, and digital media solutions. Its platform helps sports organizations collect, manage, and distribute live game data while supporting fan engagement and commercial activities.

The company supplies real-time data and related products to sportsbooks, media companies, sports leagues, teams, and brands. Its services include live statistics, betting data and trading solutions, streaming and video content, digital marketing, sponsorship activation, and tools designed to connect sports audiences with content and advertising.

Genius Sports serves customers across international sports markets, including North America, Europe, and other regions.